J.Jill, Inc. Provides Earnings Guidance for the Third Quarter and Fiscal Year 2024
September 04, 2024 at 06:45 am EDT
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J.Jill, Inc. provided earnings guidance for the third quarter and fiscal year 2024. For the third quarter of fiscal 2024, the company expects net sales to be down 1% to up 2% compared to the third quarter of fiscal 2023.
For fiscal 2024, the company expects net sales to grow in the range of 2% to 3% compared to the prior year.
J.Jill, Inc. is a national lifestyle brand, which provides apparel, footwear and accessories. The Companyâs operating segments consist of its retail and direct channels. Its products are marketed under the J.Jill brand name and sold primarily through two channels: its ecommerce platform and catalog (Direct) and its retail stores (Retail). Direct channel consists of its Website and catalog orders. Its Website also provides customers with a range of colors and sizes than available in its stores. In addition to its core assortment, the Company has three sub-brands, Pure Jill, Wearever, and Fit. It also offers accessory collections, such as scarves and jewelry. Wearever is all day refined dressing designed for work, travel, and home. Its products are available across the full range of sizes including regular, petite, and tall, and it provides one, size-integrated shopping destination for customers with sizes from extra small up to 2X in store and 4X online.